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Will_Wong
Jul 14, 2021 5:09 PM

AHT: This stock was punished severely recently when management  Long

Ashford Hospitality Trust IncNYSE

Description

announced a 1:10 reverse split. it is now at wave 4 of a diagonal sitting above a major pivot support. The enticing gap beckons above. This is a low risk/high reward play imho.
Comments
jwow
I think it's hard to do technical analysis on share price when the stock has been so diluted recently. The market cap has been much much lower.
CJS04
This is the most foolish post ever.
brokerbob
also think there could be a hefty sell off post split
brokerbob
what happens to that gap after the reverse split? would it be adjusted?
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